I agree that this is a necessary feature.  There is really no functionality behind the multi-currency at all.  I can't even list any of our Canadian employees as employees and can't bill hours to any of our Canadian clients from QB either.  It is crazy to think that a small business would want to keep 2 sets of books.  I know I don't.  I just want there to be real functionality that allows for bank accounts to synch from Canada in my US QB and allows for me to bill both US and Canadian clients.